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Author Topic: Are you buying bitcoins? Why?  (Read 306102 times)
traderbit
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September 07, 2016, 06:48:55 AM
 #3501

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..

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September 07, 2016, 07:03:57 AM
 #3502

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
That true, with bitcoin you can easily make an account and you are good to go, you can transact very fast with a minimal fee or close to none, other payment processor does not possess that kind of strength to benefits its users, and since we are using a decentralized system we can ensure our money is safe and so as our information.

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September 07, 2016, 07:07:56 AM
 #3503

Yes i am buying bitcoins at the moment because the price is the best that you can have right the price of the bitcoin already hit the 600 dollar each and that is a nice value to sell them further!
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September 07, 2016, 07:09:08 AM
 #3504

I think it has been over a month since I last bought a few bitcoins, primarily due to lack of extra funds. But what I earn, I try to just hold in hopes that the price is going to rise. I would be happy if the price goes back to $700 by year end, but if the price stays in the low $600 levels, I might buy a few when the Christmas bonuses are given before the year ends.


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September 07, 2016, 07:13:34 AM
 #3505

I have bought me my coins with localbitcoins and coinimal.
Coinimal (now bitpanda) was the first time I tried to buy bitcoins.
I chose that site because I could buy a small amount with fiat and without much veryfication. Don't know if they still handle it that way.
Till now I did not regret that I bought bitcoins.

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September 07, 2016, 07:16:03 AM
 #3506

Yes i am buying bitcoins at the moment because the price is the best that you can have right the price of the bitcoin already hit the 600 dollar each and that is a nice value to sell them further!

Oh yes this is the time where we should make more buying than selling as bitcoin price is still low.  If ever that I could buy more I will since it still low.  The first time I bought bitcoin was like 6 months ago because of I was excited to invest my coins.  It turned out to be a scam so that time I was really upset.  I will not buy any bitcoins as I would love to earn them more than buying them.

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September 07, 2016, 07:27:29 AM
 #3507

I am never buying bitcoins because the price of the bitcoin is to high and i dont think that would change anything about the people who are buying but i know for sure they think about it.
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September 07, 2016, 07:36:41 AM
 #3508

I am never buying bitcoins because the price of the bitcoin is to high and i dont think that would change anything about the people who are buying but i know for sure they think about it.
Yes me neither price of bitcoin is very high right now in my opinion to buy it right now. So its better to wait and see if they drop again to maybe 300 and then mass buy and sell later. this is the best way to gain profit with bitcoin I think but buying it right now is not smart and can cause a big loss.
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September 07, 2016, 07:42:39 AM
 #3509

I never buy bitcoins and that is because i know that buying bitcoins is never profitable because you make only money with bitcoins as youi trade them buying is not profitable anymore you only make maybe a couple dollar each time.
It is profitable if bitcoin is very low and then you buy and sell when they peak again but like this stable pricing it is not very profitable so this strategy requires alot of patience and is not so fast but when it happens you make alot of money so you can keep it as a side strategy instead of main btc income.
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September 07, 2016, 08:20:57 AM
 #3510

I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
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September 07, 2016, 08:52:37 AM
 #3511

I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.

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September 07, 2016, 09:54:51 AM
 #3512

I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.
Price now is rising because of the demand of bitcoin so I do not think it will ever go $500 again, we can only see big dip of price when another bad events will happen but we have witness how bitcoin has recovered on the bitfinex hack and that alone would prove how strong and stable bitcoin is.

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September 07, 2016, 10:35:09 AM
 #3513

Probably the typical "it's going up!" type of reason, I see bitcoin as a great investment and undervalued, Therefore I think it's a good idea to buy some of it and store for an improvement in price also sometimes I use it to buy goods online from traders offering BTC as an option of payment.
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September 07, 2016, 10:45:21 AM
 #3514

Probably the typical "it's going up!" type of reason, I see bitcoin as a great investment and undervalued, Therefore I think it's a good idea to buy some of it and store for an improvement in price also sometimes I use it to buy goods online from traders offering BTC as an option of payment.

that's a main reason of everyone who invest his money at something like bitcoin gold etc.
for me , im buying bitcoin for support the future currency, after bitcoin not mineable im sure price will be rising more and more . hope can stable at $10.000

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September 07, 2016, 10:52:26 AM
 #3515

I dont think bitcoin is ever gonna come down to close 300's though..the lowest ive seen bitcoin these past months was around 540-560. Lets just hope the trend stays the same or continue rising.
Yes, how bitcoin had managed to stay strong around $200 among the major bitcoin exchange collapse, similarly hopefully it will not go below $500 levels too as we are into 3rd era of block rewards. Price fluctuations are common, so some ups and downs are reasonable but the extreme downs are not possible when we are considering the rising high demands for bitcoins.
Price now is rising because of the demand of bitcoin so I do not think it will ever go $500 again, we can only see big dip of price when another bad events will happen but we have witness how bitcoin has recovered on the bitfinex hack and that alone would prove how strong and stable bitcoin is.
Bitcoin is strong but we cannot say that it is stable as price keeps on moving up and down but still we can trust it that it will be holding higher value in future and that is the reason we should buy at a moment.
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September 07, 2016, 06:14:55 PM
 #3516

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
i agree with you , bitcoin is really very much lowest transaction fees than other and i like the transaction of bitcoin which is too much faster and very secure i think this is the main reason because people are adopting bitcoin without any worry and going to buy bitcoin huge amount.
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September 07, 2016, 06:30:29 PM
 #3517

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
i agree with you , bitcoin is really very much lowest transaction fees than other and i like the transaction of bitcoin which is too much faster and very secure i think this is the main reason because people are adopting bitcoin without any worry and going to buy bitcoin huge amount.
Yeah bitcoin is lowest than i tried other payment other unlike paypal that fee is very high so i decided to stay in bitcoin because its fast and easy to use.
Never still had a problem but the good part thing is you can make a wallet instantly without your real identity..

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September 07, 2016, 06:33:57 PM
 #3518

Yes i am buying some bitcoins from not only one exchange but also from some bank transfer goving services which can hanle the transactions and knows exactly wat is happaning

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September 07, 2016, 06:41:15 PM
 #3519

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..
thats true, to be honest there are nearly no fees on that and it is really easy to use, i am buying bitcoins now and i think that it might make me money
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September 08, 2016, 08:39:54 AM
 #3520

Buying btc for selling in higher price and also i am buying bitcoin for transfer money, because bitcoin fee is very cheap. You can compare with other payment method.
Yes. bitcoin have pretty much smaller fee then other payment sources. like paypal, payza, skrill etc. and using bitcoin also safe then others. paypal funds are reversible but no one can reverse the bitcoin once they sent..

Didn't you know that reversible is helpful in most of the cases? It depends on the situation where we need that most.

But for fees Im agree that bitcoin transaction is much cheaper but take note of the exchanges that you will used. They are adding some fees (together with their own btc = usd rate) because of their services but not that high to consider.

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